The Securities and Exchange Commission is creating a new method to encourage cryptocurrency growth and still keep an eye on the fast-changing digital asset industry. Paul Atkins, the chair, announced that an “innovation exemption” framework could change how crypto companies function in the United States. Temporary Relief to Drive Market
Bitcoin (BTC) surged to an intraday peak of $108,592.69 before settling at $108,493.79, marking a 2.02% rise over the last 24 hours. With this climb, its market capitalization has expanded to $2.15 trillion, reflecting a daily gain of 2.03%. Meanwhile, trading volume jumped 37.24% to $50.34 billion, pushing the 24-hour
A brief uptick of 1.68% of the crypto market cap has pushed the assets to the green zone. With the largest assets, Bitcoin and Ethereum formed a brief green candlestick. In the meantime, Kaia (KAIA) has registered a surge of over 19.17% in the last 24 hours. In the early
Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity
Malaysia’s been hit hard with RM3.4 billion gone, which comes out to around USD 723 million, all because of power being stolen for illegal crypto mining. That’s Ringgit Malaysia, the country’s own currency, just draining away while rogue miners run their setups off the grid and don’t pay a single
The price of Hyperliquid (HYPE) has seen a strong upswing in the past 24 hours, jumping over 7.7% from a low of $34.79 to touch an intraday high of $37.49. Although it has slightly corrected to the current price of $37.25, the bullish momentum remains intact. What’s more impressive is
Michael Saylor, Executive Chairman and Co‑Founder of MicroStrategy, recently addressed concerns over quantum computing potentially breaking Bitcoin’s encryption. In a CNBC interview, he dismissed fears raised by firms like BlackRock that advanced quantum machines could render Bitcoin insecure. Saylor noted that anyone capable of building a quantum computer powerful enough to
The Avalanche blockchain has recently crossed 1 million daily transactions two times in the duration of one week. This milestone was the first time witnessed since February 2024. The transactions surpassed the mark on June 1 and on June 7. The overall transactions for the week starting June 2 touched
The crypto market remains caught in a tug-of-war, with prices swinging between bullish hope and bearish fear. The largest asset, Bitcoin (BTC), has posted a modest spike in the last 24 hours. Ethereum, the largest altcoin, has recorded a spike of over 1.47%. Will ETH reclaim its lost momentum? A
A DeFi platform on the BTC Network, Alex Protocol, has introduced a Treasury Grant Program to reimburse users impacted by the latest hack that led to more than $8 million in losses. On June 8, the platform’s announcement mentioned that the program will offer financial backing via a combination of
